Saudi Arabia's Al Rajhi Bank, the second-largest lender in the kingdom by assets, said its board has proposed paying a cash dividend of 0.75 riyals ($0.20) per share for the first half of 2016.
This is up from the 0.50 riyals

Al Rajhi Bank, Saudi Arabia's largest listed lender, posted a small rise in fourth-quarter net profit on Wednesday, coming in slightly below the average forecast of analysts.
The bank made SR1.91 billion ($509 million) in the

The board of Saudi Arabia's Al Rajhi Bank accepted the resignation of its chief executive Abdullah al-Rajhi, replacing him with Suleiman Al-Zain, according to a statement on the bourse website on Sunday.
The statement said the resig

Snax, a leading chain of convenience stores operated by Al-Mashrabia Trading Company in Jordan, has inked a deal with leading Saudi bank Al Rajhi to install ATM machines at a number of its branches located across Amman.
The initial ph

Snax, a leading chain of convenience stores operated by Al-Mashrabia Trading Company in Jordan, has inked a deal with leading Saudi bank Al Rajhi to install ATM machines at a number of its branches located across Amman.
The initial ph

Al Rajhi Bank, Saudi Arabia's biggest Islamic bank, has opened two branches in Jordan and is planning to open more, it said on Tuesday, as part of its regional expansion plan.
'The Jordanian market is the third market in which the

Al-Rajhi Bank has nearly doubled provisions during the third quarter to cover 122 percent of its total non-performing loans, the Saudi lender said on Wednesday.
The bank posted an 8.6 percent fall in third-quarter earnings. &nbs